|Day's Range||45.00 - 46.11|
|52 Week Range||34.00 - 50.93|
|PE Ratio (TTM)||13.65|
|Dividend & Yield||0.08 (0.18%)|
|1y Target Est||N/A|
The Pentagon allocated ample funds to the U.S. defense stocks last week. As a result, the S&P 500 Aerospace & Defense (Industry) Index gained 1.3% in the trailing five trading sessions.
Military conflicts and growing threats around the world continue to underpin demand for weapons, but industry and government leaders from the United States, Europe, Russia and the Middle East say they don't see a huge near-term spike in arms orders. Executives report being busier than ever at this year's Paris Airshow, the oldest and biggest aerospace expo in the world, which featured aerial acrobatics by Lockheed Martin Corp's F-35 fighter jet.
Textron Inc.'s (TXT) Bell segment has clinched a contract to produce and deliver four Bell 412EP helicopters.